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Category: BUSINESS

Posted on 09/04/2023

Tesla to build Shanghai factory to make Megapack batteries: Report

SHANGHAI: Tesla will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday (Apr 9). Elon Musk's automaker will break ground on ... ( read original story ...)

Posted on 09/04/2023

Reports: Tesla plans Shanghai factory for power storage

Chinese state media say electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide. ( read original story ...)

Posted on 06/04/2023

Shanghai offers cash sweeteners worth millions of dollars to attract hi-tech manufacturing projects, restore confidence in China’s economic ‘dragon head’

The commercial hub is offering cash awards of up to 100 million yuan (US$14.53 million) to attract projects in key sectors such as artificial intelligence and biotechnology The move forms part of ... ( read original story ...)

Posted on 05/04/2023

China’s European firms warn ‘on-off economy’, Covid lockdowns cloud business outlook

"We need the business environment to become again predictable - an environment ... The lockdown and subsequent chaos in Shanghai, where the headquarters of many European firms are located, has been ... ( read original story ...)

Posted on 03/04/2023

Global investment conference to be held in Shanghai, presenting urban allure

Shanghai, a well-established destination for investment from ... and relevant personnel from international business associations. Representatives from various companies such as state-owned enterprises ... ( read original story ...)

Posted on 03/04/2023

Lord Sugar enjoys payout after selling stake in The Apprentice star’s business

The business magnate cashed in after a £200,000 investment into Tropic Skincare, founded by entrepreneur Susie Ma. ( read original story ...)

Posted on 03/04/2023

Shanghai expat exodus shows ‘zero-COVID’s’ enduring scars

A year after the lockdown that made Shanghai a byword for all that was ... are leaving and foreign investment and business activity in the metropolis have also dwindled. “It was just nonsense. ( read original story ...)

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